Fed Govt plans economic revival strategy

The Federal Government is to begin a coordinated economic strategy for the Northeast.

A team of economic experts, led by Prof Soji Adelaja and representatives of development partners from the Office of the National Security Adviser (NSA), have begun a need assessment tour of the three states under emergency rule, Yobe, Borno and Adamawa.

Adelaja, who is also a special assistant on Economic Intelligence in the Office of the NSA, said the initiative was aimed at brainstorming with the government to find out possible areas of intervention.

“What we are doing is part of the Federal Government’s effort to find out the problems of the states worse hit by insurgency; suggests plans and strategies to them; find opportunities in the region and bring our development partners on board.”

He hoped that Northeast’s economy would bounce back, citing Rwanda, Serbia and other wartorn countries that have recovered after crises.